Plant-Based Beef Market Newly released data from Future Market Insights reveals promising growth prospects for the plant-based beef market With an estimated value of USD 4.1 billion in 2023, the market is poised to reach USD 26.9 billion by 2033, boasting a remarkable compound annual growth rate (CAGR) of 20.6% in terms of value. Government …
Monthly Archives: May 2024
Ceramic Coatings Market Poised for Explosive Growth at 7.5% CAGR to Reach USD 23.8 Billion by 2034
The global ceramic coating market reached USD 8,395.7 million in 2019, with demand witnessing a CAGR of 5.2% from 2019 to 2023, reaching USD 10,795.2 million in 2023. Projections for the period between 2024 and 2034 indicate a 7.5% CAGR for ceramic coating sales, resulting in a market size of USD 23,845.1 million by 2034. …
Investing in the Booming Casein Market as Demand Surges Across Cosmetics and Personal Care Industries
Casein Market In 2023, the global casein market was valued at US$ 2.7 billion in 2023, is projected to experience robust growth in the forecast period from 2023 to 2033, with a compound annual growth rate (CAGR) of 6.3%, reaching a value of US$ 4.9 billion by 2033. In 2021, the demand for casein milk witnessed …
Unlocking Growth Potential: Investing in the Booming Digestive Enzyme Supplements Market for Treating Gastrointestinal Disorders and Beyond
Digestive Enzyme Supplements Market The digestive enzyme supplements market size is anticipated to reach a valuation of US$ 1.9 billion by 2023, surging to US$ 3.5 billion by 2033, with sales expected to grow at a notable compound annual growth rate (CAGR) of 6.1% throughout the forecast period. Several factors are driving the demand for digestive …
Seizing Opportunities in the Booming Herbal Supplement Market: Tapping into the Growing Demand for Natural and Plant-Based Solutions
Herbal Supplements Market The herbal supplement market is poised for remarkable growth, with projected revenues reaching US$ 93,886.3 million in 2024. Fueled by the increasing appeal of natural and plant-based supplements, the market is expected to achieve a robust year-on-year growth rate of 7.6% throughout the forecast period. By leveraging this promising CAGR, the herbal …
Eco-Friendly Revolution: Bio-Wax Market Set for 4% CAGR Growth, Reaching USD 3.79 Billion by 2034
The global bio wax market size is estimated to be valued at USD 2556.1 million in 2024 and further increase at a CAGR of 4% during the assessment period. Worldwide sales of bio-wax are set to total USD 3786.3 million by the end of 2034. This growth is set to be pushed by rising demand …
Europium Market to Boom: Capitalize on the USD 418.5 Million Opportunity in Consumer Electronics
The global europium market size is estimated to reach USD 246.6 million in 2024 and grow at a CAGR of 5.4% from 2024 to 2034. Global sales of this rare metal are projected to reach USD 418.5 million by 2034. Increased demand is driven by the transition from traditional lighting to solid-state lighting systems in …
Textile Recycling Market Poised for 3.2% Growth, Reaching USD 6.6 Billion by 2033
At a compound annual growth rate (CAGR) of 3.2%, the textile recycling market, valued at USD 4.8 billion in 2023, is projected to grow to USD 6.6 billion by 2033. The US is known for producing nearly 25 billion pounds of textiles yearly. It could be equated with nearly 82 pounds/citizen. Upcycling is amongst …
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Commercial Grain Mill Market Projected to Grow at USD 2,662.8 Million by 2033
A significant driver of the increasing demand for commercial grain mills is their widespread utilization in the bakery, confectionery, and animal feed sectors. This trend is forecasted to persist over the next decade, further fueling market growth. Commercial grain mills are specifically engineered to grind various grains such as wheat, rye, barley, and other cereal …
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Wood Pellets Industry Forecast: Market Valued at USD 24,345.6 Million by 2033, Growing at 10.2% CAGR
The wood pellets industry is projected to be valued at US$ 10,037.6 million in 2023 and is expected to rise to USD 24,345.6 billion by 2033. The sales of wood pellets are expected to record a significant CAGR of 10.2% during the forecast period. The wood pellets market is experiencing significant growth due to escalating environmental …